DLocal Limited's stock plunged 5.21% in post-market trading following the release of its first-quarter 2026 financial results.
The fintech company reported earnings per share of $0.14 for the quarter, missing analyst estimates. Net profit declined 10% year-over-year to $41.9 million, falling short of expectations due to a one-off tax adjustment of $9.7 million and higher expenses from a recent investment cycle.
Despite the profit decline, DLocal reported strong top-line growth with revenue of $335.9 million beating estimates and total payment volume surging 73% to $14.1 billion. Investors reacted negatively to the declining profitability metrics despite the revenue beat.
Comments